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Happy New Year! 2018 was a volatile year for cryptocurrencies, including Bitcoin. The most popular cyrypto currency in the world has lost over $ 271 billion from its peak about a year ago. The market capitalization of bitcoins has fallen from $ 327 billion to $ 66 billion in the last 12 months. In the midst of volatility, however, the stablecoins seem to have overcome the storm and continue to gain ground as a digital resource.
Founded in 2018, Mars Blockchain is a Singapore-based criptovalute startup committed to becoming a stable currency leader in the global cryptocurrency market. Today, the startup announced the launch of its first stablecoin, 1SG, on two of the world's most important cryptographic exchanges: the Kryptono stock exchange and the Top.one exchange. 1SG is the first stable currency linked to the Singapore dollar with the objective of optimizing the shortage of existing stable currencies such as USDT, TUSD and USDC.
Commenting on the launch, Mars Blockchain said "1SG to tackle some of the challenges and problems facing cryptocurrencies today." 1SG circumvents the volatility of other major cryptocurrencies by keeping a fixed peg at $ 1 SGD across the financial markets. "1SG will be available for trading on the platforms starting from 1 January 2019, according to a company declaration. Currently the 1SG is supported by the global financial center the advantageous financial resources of Singapore, which will inject new vitality into the global cryptocurrency market.
With the launch of 1SG on Kryptono Exchange and Top.one Exchange, 1SG users no longer have to worry about the security of their crypto-activity or the difficulty of negotiating with cryptocurrency and fiat. Users will also be able to keep their cryptocurrencies safe through the watertight security measures of both exchanges and to trade freely without worrying about potential complications.
Kryptono Exchange is currently ranked as the top 30 exchange on Coinmarketcap with a monthly volume of over $ 500 million and is expected to act as a perfect intermediary to provide the required escrow services for users to buy or sell cryptocurrencies and fiat through peer exchanges -to-peer. .
Top.one Exchange operates on an architecture of advanced distribution clusters and is able to process millions of transactions per second to allow huge volumes to carry out transactions without interruptions and without problems. The exchange is also captivating internationally and supports more than 20 different languages.
Top.One offers high quality projects with various incubation services, including start-up financing, business consultancy, exchange of resources and exchanges. The main team is made up of high-level Internet and financial companies and has a profound academic experience in network security, product development, blockchain technology, deep learning, financial services and audits.
